RRSP yes or no.avi
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Question: Why would anyone with a mortgage put even one dime into an RRSP? By putting all your available money into your mortgage (instead of rrsp), you can save tens of thousands in interest costs over time, sometimes even hundreds of thousands.
The only way an RRSP makes sense is if you're making high income, like at least 6 figures (few of us). With so much extra $, you may as well invest in an rrsp to less the tax hit. Otherwise, I can't see why anyone should bother.
Just pay your mortgage.
leafyutube 1 year ago